Wizz Air Holdings PLC 

Wizz Air Holdings PLC (LSE: WIZZ) is an FTSE 250 index-listed Europe’s low-cost airline entity..

June 2023 Operational Update (Released on 04 July 2023)

• Improved Capacity Utilization: The company reported an increase of approx. 14.3% in its seating capacity to 5.76 mn for June 2023 as compared to 5.03 mn in June 2022, whereas the total number of passengers carried surged by 22.5% to 5.31 mn in the reported period (June 2023) against 4.34 mn in June 2022.
• Addition of new routes: The group recently added ten new routes to its Albanian network such as Tirana to Birmingham, Edinburgh, etc, and this expansion will lead to additional 100 extra weekly flights which are scheduled for the winter of 2023.
• Carbon Emissions: The CO2 emissions declined by 8.4% to 51.5 grams per passenger/ km in June 2023 as compared to 56.2 grams per passenger/ km in June 2022, whereas the CO2 emissions inched up by 20.4% to 476,569 tonnes in June 2023 versus 395,688 tonnes in pcp.

Share Price Chart

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Wizz Air Holdings PLC was trading at the current market price of GBX 2,701.92 (as of 12 July 2023, 09:37 AM GMT+1)

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 12 July 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

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